November 28, 2023
BY U.S. Department of Energy
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The House Ways and Means Committee on May 14 advanced its portion of President Trump’s “big, beautiful” tax bill. The draft legislation amends and extends the 45Z clean fuel production credit but repeals several other clean energy tax credits..
U.S. EPA Administrator Lee Zeldin on May 14 confirmed the agency will “over the next few months” be completing a rulemaking process to set new Renewable Fuel Standard renewable volume obligations (RVOs).
The USDA reduced its estimate for 2024-’25 soybean use in biofuel production in its latest WASDE report, released May 12. The agency expects soybean oil use in biofuel to increase during the 2025-’26 marketing year.
Scientists at Washington State University have found a new way to produce sugar from corn stalks and other crop waste, potentially opening a new pathway to sustainable biofuels. The experimental process used ammonium sulfite-based alkali salts.
Reps. Zach Nunn, R-Iowa, and Nikki Budzinski, D-Ill., on May 7 introduced a bill that aims to update USDA’s Section 9003 program to expand access to grants, streamline loan guarantees and provide $100 million in mandatory funding over five years.